6h ago
KUALA LUMPUR, Sept 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B++ (Good), the long-term issuer credit rating of “bbb” (Good), and the Vietnam National Scale Rating of aaa.VN (Exceptional) of BIDV Insurance Joint Stock Corporation (BIC).
9h ago
By Nur Faradilla Mohamad
MERSING, Sept 25 (Bernama) – The implementation of the SejaTi MADANI Programme has had a direct impact on the economy of the Kampung Air Merah community here when the stingless bee breeding project undertaken by 13 participants from the B40 group and asnaf successfully generated sales of RM19,108 in over a year.
4d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 21 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) is sharpening its crisis-readiness agenda under the PIDM Corporate Plan 2026-2028, with a stronger focus on resolution resilience, digital safeguards and continued protection for depositors and policy owners when a member institution runs into difficulty.
7d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s overnight policy rate (OPR) could rise by 25 basis points (bps) in 2027 amid expectations of further increases in global interest rates, according to MBSB Research.
8d ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bank Simpanan Nasional (BSN) has launched BSN BizGrow and BSN BizGrow+ to expand further business banking access for Malaysia’s micro entrepreneurs, including hawkers.
21d ago
KUALA LUMPUR, Sept 4 (Bernama) -- Malaysian banks’ asset quality remains resilient, supported by healthy loss-absorption buffers and proactive credit risk management, RAM Ratings said.
22d ago
KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow.
24d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia Bhd today issued a consultation paper to seek feedback on proposed amendments to facilitate Phase 2 of the dematerialisation of securities deposited with Bursa Malaysia Depository Sdn Bhd.
28d ago
KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.
28d ago
KUALA LUMPUR, August 28 (Bernama) -- Malaysia’s international reserve assets amounted to US$132.07 billion (US$1= RM4.02), while other foreign currency assets stood at US$368.50 million as of end-July 2026, said Bank Negara Malaysia (BNM).
28d ago
KUALA LUMPUR, Aug 28 (Bernama)-- Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a RM1.31 billion income distribution for its fixed price fund, Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan).
29d ago
KUALA LUMPUR, Aug 27 (Bernama) -- CIMB Group Holdings Bhd has completed a pilot test of tokenised sukuk settlement using tokenised deposits, involving RM1.38 billion worth of tokenised sukuk subscribed by 12 institutional investors.